Bybit Co-CEO Helen Liu to Depart
Bybit, the world's second-largest crypto exchange by volume, announced that Co-CEO Helen Liu will be leaving the company on April 30. Liu is departing to pursue her own entrepreneurial ambitions, marking a significant leadership change for the crypto giant.
Helen Liu's ascent at Bybit was rapid, joining in 2020 and moving through roles including VP of Human Resources, Chief of Staff, and Chief Operating Officer before her appointment as Co-CEO in 2025. Her tenure coincided with a period of significant expansion for the exchange. Co-founder Ben Zhou will continue as CEO, leading the company solo following Liu's departure. Bybit has stated it does not intend to search for a direct successor to fill the Co-CEO role, expressing confidence in its current leadership structure. The leadership change occurs as Bybit solidifies its market position, having doubled its market share from 8% to 16% between October 2023 and June 2024. The exchange handled $1.5 trillion in trading volume in 2025, capturing an 8.1% share of the crypto exchange market for the year. Liu's departure comes as Bybit increasingly targets sophisticated investors. The exchange launched its Private Wealth Management service for high-net-worth clients in late 2024 and expanded it with a dedicated broker program in September 2025 to increase assets under management. This push into wealth management is part of a broader strategy to serve institutional clients, a focus that was expanding during Liu's time as a key executive. The executive shuffle at Bybit is not isolated within the crypto industry. Other major exchanges, such as Gemini, also saw significant leadership restructuring in early 2026, with its Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer all departing as part of a strategic realignment.
